We’re no strangers to PlayStation 4 deals. There have been numerous straight-up price drops and value bundles since the system was released back in late 2013. However, Sony has stuck to its original retail price of $399, while Microsoft knocked the price of Xbox One down to $349 without Kinect.

There have been whispers of an official PS4 price drop, but now we may have the smoking gun:

Now, the PS4 price drop is realistic and likely. Vita on the other hand, seems less likely since it’s such a steep drop from its current msrp of $200. Either way, we should get the full story next month at E3.